What is a budget constraint?
a. it is the amount of utility that a consumer receives from spending a limited amount of income on goods and services.
b. it is the amount of income that yields equal marginal utility per dollar spent.
c. it is the amount of money necessary to purchase a given combination of goods.
d. it is the limited amount of income available to consumers to spend on goods and services.

The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?

Which of the following is not a consideration when determining your asset allocation

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.